What’s the future of finance going to look like? Fintech Marketnode is here to build the infrastructure for the finance industry of the future, starting with APAC. And they’ve just raised an undisclosed amount in the first close of their Series A!

• Marketnode is founded by SGX Group and Temasek.

Investor check. HSBC led the round. Temasek also joined in!

• Not a new face. HSBC and Marketnode have been co-developing since 2020.

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🏦 What they do

They co-develop, build, and operate market-neutral Financial Market Infrastructure (FMI). This includes infrastructure for tokenized and digital assets.

• They do this across credit, funds, and structured products.
• They use technology like DLT (decentralized ledger technology).

The goal? They’re developing a multi-asset ecosystem starting in Asia Pacific.

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🤑 What’s with the $$$?

They’ll further develop and scale their infrastructure, mainly across key asset classes like digital fixed income and structured products.

• This will also go to the launch of their investments fund infrastructure, Fundnode and to roll out other tokenized asset offerings!